- Ways to Market Your Software Business on Limited Budget
- Post Valuable Content
- Creating Videos
- Invest in SEO
- Attend Networking Events
- Influencer Marketing
- Use Cross-Promotion
- Use Social Media to Promote Your Business
- Guest Posting on Sites
- Create an Affiliate program
- Email Marketing
- Build Relationships
- Write Press Releases and Newsletters
Inventing software can be expensive. In starting a business in IT, research is compulsory and costs a lot of effort, time, and money. You don’t want all of these investments to go to waste, which is why a valuable marketing plan is essential. However, a marketing plan can mean even more expenses. The good news is, there are a lot of ways to market your IT business on a limited budget efficiently and effectively!
Ways to Market Your Software Business on Limited Budget
From sending proposals about advertising to producing excellent sales outputs, here is your checklist of all the modern ways to market your software business on a limited budget.
Post Valuable Content
With the help of today’s technology, the internet now plays a vital role in bringing people together, along with their ideas and feedback on news or articles that come to them freely. This is an advantage that businesses presently enjoy in advertising products and services since the internet reaches a wide range of prospects. Valuable content can come in various forms. Articles, videos, and podcasts are all easy to find online and can be quite engaging and relatable. They also highlight the best attributes of any given product and services. You need to know who your target market is so that the content that you make for your software can focus its relatability to a group of people, whether businessmen or students or both. You will attract more prospects when these people share your content with their connections.
Creating videos that show how your software operates provides convenience to your target audience. It makes it easier for them to follow what’s shown on the video. And when you include in the video the unique attributes that your software has, it will not only entertain the viewers, but it will also convince them to buy your product!
Invest in SEO
According to the Search Engine Journal, 93% of online experiences begin with a search engine, which means that through Search Engine Optimization or SEO, a more extensive range of the target for your software is guaranteed. When a person looks for a particular type of software in search engines such as Google, Yahoo, or Bing, your content will be on the top results. You can invest in SEO without spending a thousand bucks. By using the right keywords on your content and by including internal and external links on it, the search engines can easily recognize your product.
Attend Networking Events
With just your business cards and a friendly smile, you can gain potential customers and new connections for your software business in networking events such as career fairs, church and community service groups, and professional conferences. Local meet-ups with tech groups will not only give you new insights about your field but will also open new doors to future business partnerships. Networking events let you meet business people who might also connect you with other possible clients, be sure you collect a lot of business cards at the end of each event as well to keep in touch with them.
Some people have already created their own connections through fanbase; these are the influencers. They consistently engage with a lot of people through social media, vlogs, or blogs, and they can advertise your software to a large market. Although some of them prefer to be paid, proposals such as inspiring them free use of your software and their advertising in return can be a good partnership.
After creating a good relationship with other brands, businesses, or influencers through a partnership, they will promote your software on their events as well. You can also cross-promote your business through sponsoring their events with your software, and taking advantage of the occasion to post your product posters, distribute brochures, flyers, and business cards to people.
Use Social Media to Promote Your Business
According to Statista, the number of social media users is projected to increase to almost 3.1 billion in 2021. By using Facebook, Twitter, Instagram, YouTube, and other social media platforms to promote your software, you quickly reach a wide range of people even with no budget. A good page banner will attract more users to stay on your page, and useful content on your videos will make your social media page more engaging and shareable.
Guest Posting on Sites
Now that you have built a connection with other bloggers, you will attract and reach out to another set of audiences by posting articles on these influencers’ websites. You don’t have to spend bucks to do this. A lot of bloggers allow guests to post on their pages to increase the number of their readers as well. With good content, you can expect a lot of invites from other sites to guest-post for them, and you can promote your software business to a lot of well-established groups.
Create an Affiliate program
An affiliate program is an automated plugin on your website that invites other website or blog owners to partner with you. By creating this program, your software will be advertised and promoted by other people. In return, they get a commission every time their audience is routed to your site through the links they provide them. It’s a win-win!
Once you have the email address of your prospects from your marketing and networking events, it will be easier for you to update them with your product launch or new products and services available in the market. Updating prospective or existing clients about your software business regularly through email will make your products more familiar to them in the long run and be their go-to once they decide to purchase.
Everyone is a possible buyer; whether they are students or professionals, software businesses are booming in the market because of their relevance in today’s technology. You can build relationships by time management despite the hectic schedule, by being active in social gatherings, accepting invitations, or hosting a get-together and becoming a melting pot of diverse individuals. By building your own relationships and of others as well, you will gain the trust of the people. It is also essential to offer excellent products to satisfy customers because a good impression brings more prospects on your radar.
Write Press Releases and Newsletters
Press releases that are on distribution websites make it convenient for everyone who wants to stay updated with the latest happenings in their surroundings. When you post an interesting story or inform the people about your unique products and their benefits on your press release, you will not only attract direct buyers. You will also inspire influencers, bloggers, and the press to share your story and products to their audiences. Newsletters, on the other hand, focus on one topic and aim specific target audiences.
Proper project management can get tricky on a limited budget but is proven necessary to grow your business and reach a goal at a specific time. A skillful public relations for effective marketing will take some time to develop. But the good news is, the digital world now offers endless possibilities in promoting and advertising your business.